Accounting Senior Specialist

Alnafitha IT is a leading independent provider of IT services and solutions in Saudi Arabia founded in 1993.

As a fully Saudi-owned company we have established ourselves from a startup business to a market leader offering a comprehensive range of IT solutions tailored to meet the unique requirements of our clients.

Our expertise spans across various domains including Microsoft AWS ManageEngine and Zoho Solutions ensuring that we deliver strategic IT solutions that drive digital transformation and operational excellence to our clients.

With over 30 years of experience Alnafitha IT has successfully completed more than 4000 projects serving over 3000 satisfied customers and collaborating with 65 partners.

Our commitment to excellence is evident in our customer-centric approach which emphasizes engagement collaboration and a relentless pursuit of quality in every interaction

Our vision is to be the Kingdoms most customer-centric provider for digital transformation and consultation fostering innovation and excellence in all our solutions. We are dedicated to optimizing operational efficiency and ensuring effective resource utilization to enhance customer satisfaction and profitability

At Alnafitha IT we believe in empowering our employees and nurturing their growth which is essential for driving leadership in technology and customer satisfaction. As we continue to expand our presence in the IT landscape we remain committed to delivering cutting-edge solutions that not only meet but exceed our clients expectations.

Job Summary/Objective

The Accountant Senior Specialist is responsible for managing the end-to-end financial operations of the organization ensuring accuracy compliance and efficiency across all processes. This role oversees payment request processing accounts payable payroll administration general ledger management tax compliance and financial reporting. The Senior Specialist develops budgets and forecasts conducts variance analysis and provides actionable financial insights to support strategic decision-making.

Additionally the role ensures compliance with accounting standards regulatory requirements and internal controls while driving process improvements to enhance financial performance and operational efficiency

Key Responsibilities:

Payment Request Processing

Manage the end-to-end processing of payment requests including thorough verification and validation of supporting documents to ensure accuracy and compliance with company policies

Coordinate and secure necessary internal approvals in a timely manner

Execute payments through various modes such as bank transfer cheque cash or online payment ensuring proper documentation and record-keeping

Financial Records and Compliance

Maintain accurate financial records and ensure compliance with accounting standards

Document business processes and accounting policies to strengthen internal controls

Financial Reporting

Prepare accurate financial statements and regulatory reporting documents including consolidated financial statements

Support the efficient accurate and timely production of financial reports

Assist with the preparation of reports and presentations for Board of Directors and Audit Committee meetings

Respond to inquiries regarding financial results and special reporting requests

Review and validate journal entries to ensure accuracy completeness and compliance with accounting standards and company policies

Manage monthly quarterly and annual closing activities ensuring timely and accurate financial reporting

Coordinate with relevant departments to resolve discrepancies and maintain the integrity of the general ledger

Account Management and Analysis

Conduct month-end and year-end closing processes ensuring accuracy and compliance with laws and regulations

Analyze financial data to identify discrepancies and ensure accurate reporting

Perform account analysis and oversee journal entries and account reconciliations

Accounts Payable and Payroll

Manage accounts payable processes ensuring timely processing of invoices

Oversee the complete payroll cycle including validation of payroll inputs to ensure accuracy and compliance with internal policies and legal requirements

Conduct thorough payroll review and reconciliation to identify and resolve discrepancies

Coordinate and secure management approval for finalized payroll

Execute timely and accurate salary disbursement through approved payment channels maintaining proper documentation and confidentiality

Tax Compliance

Prepare and file tax returns ensuring compliance with tax regulations

Support the design and implementation of new policies and procedures related to audit requirements and business activities

Process Improvement

Assist in monitoring the need for business process improvements and help design processes procedures and reporting enhancements

Work with and support the accounting team in day-to-day activities special projects and workflow process improvements.

Budgeting and Financial Forecasting

Develop budgets and financial plans for the company based on research and data reports

Support the preparation and consolidation of annual budgets and periodic forecasts in alignment with organizational goals

Qualifications

• Education:
  
• Bachelors degree in accounting Finance or a related field
  
• Masters degree in accounting Finance or Business Administration (preferred)
  
• Experience:
  
• Minimum of 4 years of experience in accounting or finance roles with a focus on financial reporting and analysis
  
• Proficient in accounting software
  
• Familiarity with financial reporting standards and tax regulations
  
• Strong analytical and problem-solving skills with attention to detail
  
• Ability to analyze financial data and identify trends
  
• Excellent written and verbal communication skills
  
• Ability to present financial information to non-financial stakeholders
  
• Strong collaboration and teamwork abilities
  
• Ability to work effectively with cross-functional teams